Property | Purchasing
Property | Remortgaging
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SELLING A PROPERTY
When selling a property it is your Solicitors job to
take up the title deeds to your property from the mortgage
company that holds them. On receipt of the title deeds
your Solicitor will prepare contracts for sale and provide
the purchasers Solicitor with copy's of any of the title
deeds necessary for your Solicitor to prove your ownership
and for them to investigate fully the history and ownership
of the property and related matters.
The Purchasers Solicitor will examine the title and
return the contracts signed by the purchasers together
with their requisitions and objections on title (questions
relating to the property) together with their contract
deposit (10% of the purchase price less the money given
to the auctioneer).
You will then be asked to sign contracts and your Solicitor
will return them to the purchasers Solicitor. At this
point you will have a binding contract for sale and
not before. Once contracts are exchanged between solicitors
there is no going back unless by mutual agreement
between the parties.
You can ensure that the transaction referred to above
runs smoothly by preparing in the following manner:
- Advise your Solicitor that you are going to sell
your property. This will allow him/her to take up
the title deeds from your mortgage institution and
be in a position to furnish contracts to the eventual
purchaser immediately after that sale has been agreed.
It takes approximately two weeks for your bank to
release title deeds.
- .Attend with your Solicitor and answer some preliminary
questions which will assist him/her in the preparation
of the contracts and in the preparation of the answers
to the Objections and Requisitions on title that will
be raised later
- If you have had your property altered in any way
(extensions or otherwise), let your Solicitor know
and where planning permission was acquired, furnish
him/her with copy's of the planning permission and
other related documents.
CHOOSING AN AUCTIONEER
Our office has arranged a reduced fee with local auctioneers
which can give our clients a saving of €1,000's
when selling their property. Talk to us before phoning
If you have any further queries in relation to purchasing
property please e-mail us at firstname.lastname@example.org.